Orsted forms joint venture with PGE for Baltica 2 and 3
Orsted and Polska Grupa Energetyczna (PGE) have formed a 50-50 joint venture to develop the 1.5 GW Baltica 2 and 1 GW Baltica 3 offshore wind portfolio, to be located off the coast of Poland. Orsted is set to purchase new shares in PGE's portfolio worth PLN 657 million ($177.9 million), or 50%...